SPAC

Former President Donald Trump has been reinstated on the social media platform Twitter. Many began following Trump's account and are likely wondering why he hasn’t posted yet. An SEC filing might share some clues. What Happened: Trump was banned in January 2021 from several social media...

Former President Donald Trump is no stranger to legal troubles, with a past history of battles and current ones with the FBI and the White House. Trump’s SPAC deal to bring Trump Media & Technology Group with Digital World Acquisition Corp (NASDAQ: DWAC) has also faced challenges and...

At the beginning of 2022, Forbes looked like it would be part of the SPAC wave, planning to go public via a merger with Magnum Opus Acquisition Ltd. (NASDAQ: OPA). Even Binance, which has been particularly busy the past few days with FTX, was on board with a $200-...

A leading short seller is warning investors to remain cautious on one of Monday's the top stock gainers. Here’s a look at one of the biggest stocks related to Donald Trump and why it’s moving and what could be next. What Happened: Shares of Digital World Acquisition...

Cryptocurrency exchange Coincheck will complete its Nasdaq listing by merging with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV Inc (NASDAQ: THCP) in July 2023. The merger was initially planned for March this year when its estimated value was roughly $1.25...

Trump Media & Technology Group (TMTG), which owns the Truth Social platform, lost no time in firing Will Wilkerson after he shared with the Washington Post a whistleblower complaint he filed with the SEC in August. What Happened: Wilkerson, who was onf of its first employees, was...

Once touted as the SPAC King, Chamath Palihapitiya used blank check companies to take several private companies public. But as the SPAC craze dies out, the billionaire venture capitalist is now distancing himself from those particular investment vehicles. See Also: Trump's Deadbeat SPAC...

Two blank-check companies backed by investor Bill Foley plan to liquidate by the end of this year. Together the firms raised $2 billion. The sponsors said that the firms Austerlitz Acquisition Corp I (NYSE: AUS) and Austerlitz Acquisition Corp II (NYSE: ASZ) have failed in...

Ark Invest and Cathie Wood have bet on several space-related companies over the years. The ETF company also launched its own space ETF in 2021 to tackle the growing industry. One space-related company was recently added to two Ark Invest ETFs this week. What Happened: A new position in Rocket Lab...

A SPAC set to take Donald Trump’s media company public has been linked to troubles with finances and difficulties finalizing its merger. A filing reveals the company changed its mailing address and it could provide a hint of financial troubles. What Happened: Digital World Acquisition...

Digital World Acquisition Corporation (NASDAQ: DWAC), the SPAC that is set to merge with Donald Trump's company that owns the Truth Social platform, is reportedly facing pressure from investors amid its failure to complete the deal. What Happened: Investors who have committed...

Known by many as the SPAC King, Chamath Palihapitiya was one of the biggest names associated with the growing number of blank check companies taking private companies public. When SPACs were hot with the market, Palihapitiya was loved by investors and companies. Years later, Palihapitiya has been...

A SPAC set to take former President Donald Trump’s new media company public could be facing another setback. Here’s the latest. What Happened: A shareholder vote for SPAC Digital World Acquisition Corporation (NASDAQ: DWAC) was delayed to October after failing to generate enough votes...

Video sharing platform Rumble is all set to debut on Wall Street on Monday after special purpose acquisition company CF Acquisition Corp. VI's (NASDAQ: CFVI) shareholders voted in favor of its proposed business combination with the company on Thursday. What Happened: The combined company...

Digital World Acquisition Corp (NASDAQ: DWAC), the blank-check company set to merge with former President Donald Trump’s social media firm, is reportedly giving itself three more months of life after failing to win a 12-month extension from shareholders to complete the...